Technical Analysis for Cryptocurrency Trading on Mobile Phones
Sirapop Kamrat, Napasorn Suesangiamsakul, Rangsipan Marukatat · 2018
This research studies cryptocurrency trading with an emphasis on technical analysis. In particular, the classic Turtle Trading System is modified to suit cryptocurrency trading. Based on backtest results on main cryptocurrencies, the extended Turtle Trading System yielded 114.41 % average net profit margin and 52.75% average profitability, which were higher than those of the original system. The trading strategy was next implemented in a mobile application. The application prototype is also presented in the paper.